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RBI chief warns next financial crisis could begin with a cyberattack

Original: RBI chief says the next financial crisis may start with a cyberattack

The Governor of the Reserve Bank of India has cautioned that the world's next financial crisis may not come from bad loans or market shocks, but from a major cyberattack on financial infrastructure. The warning highlights growing concern among central bankers about the vulnerability of digital banking and payment systems to hackers and hostile actors.

Why now: Cybersecurity threats to banking systems are rising, and a central bank chief's warning carries weight for regulators and markets worldwide.

Reserve Bank of IndiaRBI Governorbanking sector

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